On: New York City plans to wipe out $2B in medical deb...

[notatoad]

is this a workaround for debt forgiveness counting as income for tax purposes?

[bdcravens → notatoad]

No. They'll still likely have to pay taxes on those amounts. I don't think it matters who forgives the debt.

[jareklupinski → notatoad]

it sure seems like donating 1k to a charity to wipe away >1M of debt should make you a millionnaire